If you run down the list of top oil exporters in the world, each one has a special story that somehow relates back to the US. Venezuela and Iran are no exception, as they occupy important spots on that list. Meanwhile the oil companies hide behind prices while posting record profits. And in the background you can hear the deafening silence, as the US auto industry goes silent. DRock, the perennial DC insider, explains it all.
Useful Links:
PBS NewsHour Special on GM
Oil Producers/Exporters Listing
Common Dreams article on GM going into the future
Additional note: This one was produced specially as a fill in show for Madge Weinstein on Sirius Stars.